The Bank of England is getting into the forward guidance game. But the markets aren't reacting the way you might think.
It may be Americans celebrating July 4, but the central banks of Europe and Britain were the ones showing independence today.
Did Britain get just what it needed to keep unemployment down--a burst of inflation--at just the right time? And what can the United States learn from that?
Christine Lagarde says the central bankers are the heroes of the crisis. Is she right?
With selection of Mark Carney, Britain looks to the old empire to find a new chief of the Bank of England